Upcoming changes to Scots succession law mean no need to think about wills or power of attorney
Can we really just rely on the laws of intestacy with forthcoming changes or should we take control of the situation in a better way?
New succession law: intestacy is still pretty bad
The Trusts and Succession (Scotland) Act 2024 updates the law of Scottish intestate succession but intestacy is still something to avoid. Make a will and take control.
Spooky but with treat not trick: deeds of variation
What’s more ghoulish than private client law. Death this, calamity that! Sometimes private client law can work in spooky ways. One that allows the will of a dead person to be changed. Yes, you heard that right. And in doing so to save tax, support charity or hold an inheritance in a better and more…
What a load of politics: IHT change in the air
Let’s abolish inheritance tax! We have a brief look at the history of estate duty tax reform. Politics rules.
Who do you think you are? Charities, mergers and legacies
Charities should be readying themselves with information for the ‘record of charity mergers’ to avoid legacy income being ‘lost’.
It’s here! The Charities (Regulation and Administration) (Scotland) Bill is passed
The Charities (Regulation and Administration) (Scotland) Bill has now been passed by the Scottish Parliament. What’s in the Bill as passed?
That’s interesting… paying IHT by instalments
Watch out for HMRC interest rates on inheritance tax being paid by instalments
Power of attorney: capacity, consents and controls
A few initial thoughts following a very recent case on a Scottish power of attorney.
The Charities Bill at Stage 1: positives with opportunities missed?
As the Charities (Regulation and Administration) (Scotland) Bill reaches the milestone of the Stage 1 Report, we consider where we are with the Bill.
You don’t need to think about having a will or power of attorney
Don’t worry, it will all be fine. You don’t have to think about putting in place a will and power of attorney to arrange your financial and personal matters.
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